RE: Embraer Deliveries, Profit FallingKusch, yeah, Embraer usually reports a week or so before Bombardier, and since it competes with Bombardier in both regional jets and now business jets, it can give us some indication of the state of those markets.
On the other hand, Embraer only recently started selling business jets and is still in the process of filling out its product line up.
I find references to number of aircraft deilivered can be misleading since sales of Phenoms (smalle Embraer business jets) for example, are tabulated as one unit, but there's hardly as much profit in that as in selling a Bombardier Global Express, or a Gulfstream G650.
So, from an investor's perspective profits can be a more useful guideline than measuring changes or differences based on number of units sold.
The indication that things may be picking up are certainly welcome words, but Embraer's BJ sales are probably rising at a faster rate than Bombardier's since they're growing from a much smaller base, so it can be hard to tell how much bearing this might have on Bombardier's business jet sales.
Embraer is a purer play on aerospace than Bombardier. With Bombardier's Rail Transportation unit now contributing about 40% of profits, that seems to be helping buffer Bombardier from the recent downturn. Conversely as aerospace picks up margins should begin to revert to more historical norms.